Current concerns surround Nestlé, leaving many investors in the world’s largest food company puzzled about its recent stock performance. Since the start of the year, the company’s shares have seen a notable decline of 7%, dipping below the significant threshold of CHF 100. This has raised questions about the reliability of the Swiss behemoth, which has been traditionally perceived as a stable investment, particularly in times of uncertainty, given the perpetual demand for food.
However, this conventional wisdom has recently been challenged by the success of Novo Nordisk’s weight loss…